Officers & Directors

MARKET SUMMARY

NYSE: BHLB

$11.97

Change: $0.18 1.53%

Volume: 288,907

As of October 23, 2020 Close

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Senior Executive Management

Sean A. Gray

Acting PRESIDENT AND CHIEF EXECUTIVE OFFICER

[Sean A. Gray]Mr. Gray was appointed Acting President and Chief Executive Officer of the Company and the Bank on August 10, 2020. He had served as President and Chief Operating Officer of Berkshire Bank since November 2018, and also served as Senior Executive Vice President of Berkshire Hills Bancorp, Inc. from 2015. As Bank President, Mr. Gray has been responsible for the operating teams of the Bank, including retail banking, commercial banking, mortgage banking, government banking, cash management, wealth management, insurance, and technology. He has also overseen Human Resources, Marketing, Investor Relations, and Facilities. Mr. Gray currently serves as President of Berkshire Bank Foundation. Prior to joining the Bank, Mr. Gray was Vice President and Consumer Market Manager at Bank of America in Waltham, Massachusetts.

James M. Moses

Senior Executive Vice President, Chief Financial Officer

Mr. Moses is Senior Executive Vice President, Chief Financial Officer of the Company and the Bank, since joining the Bank in July 2016. He is responsible for the accounting, treasury, tax, and capital markets functions. Mr. Moses previously served at Webster Bank as Senior Vice President and Asset/Liability Manager. Mr. Moses joined Webster Bank in 2011 from M&T Bank where he spent four years in various roles including head mortgage trader, deposit products pricing manager and consumer credit card product manager.

George F. Bacigalupo

SEVP, Commercial Banking

Mr. Bacigalupo was promoted to Senior Executive Vice President, Commercial Banking in September 2015, having previously served as an Executive Vice President since October 2013 and Senior Vice President, Chief Credit Officer since 2011. Mr. Bacigalupo is responsible for commercial banking, including the middle-market, business banking and asset based lending teams in Eastern and Central Massachusetts and Connecticut. Previously, Mr. Bacigalupo was EVP of Specialty Lending at TD Banknorth, where he established the ABL and other middle-market lending groups. Subsequently, at TD Bank, he was the Senior Lender for New England.

Jacqueline Courtwright

EVP, Chief Human Resources and Culture Officer

Ms. Courtwright is Executive Vice President and Chief Human Resources and Culture Officer of Berkshire Bank. Ms. Courtwright leads all aspects of the Bank’s human resource strategy and oversees cultural development for Berkshire’s workforce, including compensation and benefits, talent acquisition, assessment, and development and organizational design and effectiveness. She works closely with the Bank’s leadership team to promote Berkshire’s Be FIRST values, core behaviors and its commitment to diversity, equity and inclusion (DEI) and corporate social responsibility. She also manages the Bank’s internal and external corporate communications, including its social media platforms. Ms. Courtwright was promoted to her current position in September 2020. She joined Berkshire Bank in 2012 as VP, Human Resources Business Partner Leader. Previously she was VP, Human Resources Business Partner at Citizens Bank and she also held senior human resource roles during her 20 years at KeyBank.

Tami M. Gunsch

SEVP & Director of Relationship Banking

Ms. Gunsch is Senior Executive Vice President & Director of Relationship Banking, she also serves as President of First Choice Loan Servicing, a subsidiary of Berkshire Bank. In this role, Ms. Gunsch is responsible for all aspects of the retail banking consumer experience, including branch operations, consumer lending, private banking, investment services, call center, electronic/mobile banking and MyBanker team, as well as the deployment of the Bank's relationship banking strategy across all lines of business. Ms. Gunsch has previously held the positions of EVP, Retail Banking and Senior Vice President. Ms. Gunsch joined Berkshire from Citizens Bank in 2009 as First VP of Retail Banking.

Gregory D. Lindenmuth

SEVP, Chief Risk Officer

Mr. Lindenmuth is Senior Executive Vice President, Chief Risk Officer of the Bank, a position he was promoted to in October 2018. Mr. Lindenmuth is responsible for enterprise risk management as well as loan review, information security and strategic services. Mr. Lindenmuth joined Berkshire in 2016 from the FDIC where he was employed for 24 years and held multiple positions including Senior Risk Examiner for the Division of Risk Management Supervision and Acting Regional Manager for the Division of Insurance and Research. With the FDIC, Mr. Lindenmuth was also a Capital Markets, Mortgage Banking and Fraud Specialist.

Georgia Melas

EVP, Chief Credit Officer

Ms. Melas is Executive Vice President, Chief Credit Officer of the Bank, a position she was promoted to in October 2018. Ms. Melas is responsible for managing the aggregate risk in the Bank’s loan portfolio. She oversees the Bank’s commercial and consumer credit and is responsible for attainment of lending objectives and the overall direction and operations of the credit department. Ms. Melas joined Berkshire as Senior Vice President, Chief Credit Officer in 2015 from Key Bank where she held multiple positions including Senior Credit Officer, Commercial Banking.

Wm. Gordon Prescott

EVP, General Counsel and Corporate Secretary

Mr. Prescott is Executive Vice President, General Counsel and Corporate Secretary of the Bank, a position he was promoted to in October 2018. Mr. Prescott joined Berkshire in 2008 as VP, General Counsel and Corporate Secretary. Mr. Prescott has 30 plus years of experience in the legal profession, including extensive experience as in-house corporate counsel, and holds a law degree from Boston University School of Law.

Deborah A. Stephenson

SEVP, Compliance and Regulatory

Ms. Stephenson is Senior Executive Vice President, Compliance and Regulatory for Berkshire Bank, a position she was promoted to in 2018. Ms. Stephenson previously held the positions of EVP, Compliance and Regulatory and SVP Chief Compliance Officer. Ms. Stephenson joined Berkshire in 2014 from Country Bank where she served as the Executive Division Leader for Retail Banking, Human Resources, and Training. As SEVP, Compliance and Regulatory Ms. Stephenson is responsible for all aspects of the bank’s regulatory compliance programs.

Board of Directors

J. Williar Dunlaevy

Chairman

Mr. Dunlaevy is the Chairman of the Board of Directors of the Company. Mr. Dunlaevy is the former Chief Executive Officer and Chairman of the Board of Legacy Bancorp, Inc. and Legacy Banks (collectively, “Legacy”). Mr. Dunlaevy served as the Chief Executive Officer and Chairman of the Board of Legacy from 1996 until their merger with Berkshire in 2011. A community leader, Mr. Dunlaevy currently serves as a director of the Berkshire Bank Foundation, and previously served as Chairman of the Berkshire Taconic Community Foundation. Mr. Dunlaevy has also been a director of the Depositors Insurance Fund, Massachusetts Bankers Association, and Savings Bank Life Insurance Company of Massachusetts (“SBLI”). Mr. Dunlaevy has been designated by the Board of Directors as a financial expert under the rules of the Securities and Exchange Commission.

Baye Adofo-Wilson

Baye Adofo-Wilson, Esq. is Of Counsel at Post Polak, PA focusing on redevelopment law and specializing in New Jersey’s urban transitioning communities and municipalities, while also serving as CEO of BAW Development, LLC, a national real estate development company concentrating on redevelopment and consulting services in diverse communities. He has over 20 years of experience in law and business development, with a focus on community development, including the position of Deputy Mayor/Director, Economic and Housing Development for the City of Newark, New Jersey.

Rheo A. Brouillard

Rheo A. Brouillard is the former Director, President and Chief Executive Officer of SI Financial Group, Inc. before its merger with Berkshire in May 2019. Mr. Brouillard has more than 40 years of experience in the financial services industry holding key roles at multiple financial services institutions. He has been a staunch supporter of community development associations throughout his career and a champion for the communities he served in Southeast New England.

David M. Brunelle

Mr. Brunelle is Co-Founder and Managing Director of North Pointe Wealth Management in Worcester, Massachusetts. He has over 20 years of experience in financial services working with businesses, individuals, families and charitable foundations. Mr. Brunelle is a former Director of Commerce Bancshares Corp. and Commerce Bank & Trust Company and served on Commerce’s audit and loan committees. He has also served as trustee or corporator for numerous non-profit entities in and around Worcester, including The Nativity School of Worcester, The Worcester Regional Research Bureau, The Worcester Educational Development Foundation, the UMass/Memorial Foundation, Becker College and the Greater Worcester Community Foundation.

Robert M. Curley

Mr. Curley is Chairman of the New York region of Berkshire Bank. He previously served as Chairman and President for Citizens Bank in New York from 2005 to 2009. Prior to joining Citizens, Mr. Curley served at Charter One Bank where he was President for New York and New England. During the period of 1976 to 1999, Mr. Curley was employed by KeyCorp, where he rose to the position of Vice Chairman of KeyBank N.A., and served as President and Chief Executive Officer of four subsidiary banks. Mr. Curley was hired by the Company and the Bank as Chairman of our New York region and appointed as a director of the Company and the Bank in December 2009.

John B. Davies

Mr. Davies is a former Executive Vice President of Massachusetts Mutual Life Insurance and is currently an Agent Emeritus with Massachusetts Mutual, providing high net worth counseling with a focus on tax efficiency and intergenerational transfers of wealth. Mr. Davies currently serves on the Westfield State University Foundation Board. Mr. Davies is a former director of Woronoco Bancorp.

William H. Hughes III

William H. Hughes III is the founder and President of Open4 Learning, an advisory business that is focused on innovation and growth in the education technology and employment technology sectors. He is also the founding Manager of CyberHabits LLC, which is a learning-centered cybersecurity solutions company. He has over 30 years of business experience with expertise in strategy develop and execution, technology services and cybersecurity.

Cornelius D. Mahoney

Mr. Mahoney is the former Chairman, President and Chief Executive Officer of Woronoco Bancorp, Inc. and Woronoco Savings Bank before their merger with Berkshire in June 2005. He is a former Chairman of America’s Community Bankers and the Massachusetts Bankers Association and a former Director of the Federal Home Loan Bank of Boston. He was a member of the Thrift Institution Advisory Council to the Federal Reserve Board of Governors and is a past Chairman of the Board of Trustees of Westfield State College.

Sylvia Maxfield

Dr. Maxfield is Dean of the Providence College School of Business and was previously Chairman of the Faculty and MBA Program Director at Simmons University in Boston. Additionally, she serves as voting member of the Rhode Island State Investment Commission, which oversees fund performance, including asset allocation and investment-related contracting. Maxfield also votes on shareholder proxy activity on behalf of the State. Previously, she has served on the boards of the Greater Providence Chamber of Commerce, Social Enterprise Greenhouse and the 21st Century Fund. Dr. Maxfield has been designated by the Board of Directors as a financial expert under the rules of the Securities and Exchange Commission.

Laurie Norton Moffatt

Ms. Moffatt is the Director and Chief Executive Officer of the Norman Rockwell Museum, Stockbridge, Massachusetts. Since 1986, Ms. Moffatt has overseen the expansion of the museum’s facilities and the creation of a scholars’ research program. Her efforts resulted in the Museum receiving the National Humanities Medal, America’s highest humanities honor. Ms. Moffatt is also an active community leader. She is a founder of 1Berkshire and Berkshire Creative Economy Council and serves as a trustee of Berkshire Health Systems and a director of Berkshire Health Systems, Inc. and Berkshire Medical Center, Inc.

Jonathan I. Shulman

Mr. Shulman was formerly Executive Vice President & Treasurer at KeyCorp, a publicly traded U.S. bank. Shulman possesses deep commercial banking experience that includes financial markets, governance, and balance sheet and risk management disciplines. He began his career with KeyCorp in 1989 and served in leadership roles in financial market strategy, asset liability management, wholesale funding and capital planning. Shulman has also held committee membership positions on KeyCorp’s Asset Liability Committee, Market Risk Committee, Model Risk Committee, and Funds Transfer Pricing Committee. Mr. Shulman has been designated by the Board of Directors as a financial expert under the rules of the Securities and Exchange Commission.

D. Jeffrey Templeton

Mr. Templeton is the owner and President of The Mosher Company, Inc., located in Chicopee, Massachusetts, a manufacturer of buffing and polishing compounds, abrasive slurries and a distributor of related grinding, polishing and lapping machinery. Mr. Templeton is a former director of Woronoco Bancorp.

Corporate Secretary

Wm. Gordon Prescott

SEVP, GENERAL COUNSEL & COPORATE SECRETARY

Persons seeking to communicate with the Board of Directors, any director, independent directors of the Board as a group or any committee of the Board should send a letter to the Corporate Secretary at Berkshire Hills Bancorp, 24 North Street, Pittsfield, MA 01201. The letter should indicate to whom the communication is intended. The Corporate Secretary or the secretary of the designated committee may sort or summarize the communications as appropriate. Communications that are commercial solicitations, customer complaints, incoherent or otherwise inappropriate will not be communicated to the Board or any director or committee of the Board.

IMPORTANT… Protect yourself from possible e-mail fraud threats. Berkshire Hills Bancorp will never request your confidential information through an email. Contact us at 800-773-5601 to verify any email request or to report suspicious emails.